Ontology (ONT)

platform
cross-chain
monetization
neo token
blockchain service
#25

Marketcap Ranking

0.611163 (-7.41%) arrow_drop_down

Market Price (24h change)

389,525,472

Total Market Cap

3.4

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info_outline What is Ontology

4.1

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Short Description

General Data and Information. Ontology is a public blockchain project with distributed data collaboration aiming to build a peer to peer cross system trust network. Ontology trust network provides a strategic cooperation of data systems and trust sources. This network is composed of decentralized identity verification systems, multi factor authentication, distributed ledger technology and distributed data exchange All business types can be applied to Ontology blockchain technology without the need of users having prior knowledge on distributed networks. Led by a global blockchain expert team, Ontology provides distributed infrastructure to various businesses and decentralized applications. Ontology aims to bind decentralized digital world to the real world using “Ontology Common” or “Ontology Custom” designs. These designs enable secure end effective decentralized systems. Ontology’s ecosystem can be divided into three categories: The Technological Ecosystem, The Application Ecosystem and The Governance Ecosystem

Ontology system architecture has a flexible design allowing for expansions and support for ever growing applications. The businesses Ontology aims to support include distributed ledgers, smart contracts, distributed authentication protocols, distributed data exchange protocols, and more. The layers of Ontology network can be divided into three: core layer, application layer and user layer. Core layer is composed of protocols and chain groups, application layer is composed of partners, application frameworks and modules, and the user layer is composed of Ontology ecosystem application users. Partners hold great importance building the Ontology ecosystem. Milestones. In 2017, Ontology was the first China based blockchain project to join DIF. In 2018, Ontology released the VBFT consensus algorithm, announced the consensus economic model, released the ONTO app, was selected as a part of Microsoft Accelerator and announced their sharding design. In 2019, Ontology development platform was added to Google Cloud Marketplace, and Ontology multichain design, WASM Testnet and multichain testnet was released. Utility

There are more than 2 million community contributors, 900 technical contributors, 190 partners and 200 team members in Ontology Blockchain Network. There are also 50 and growing dApps, 56 nodes and more than 517000 wallet addresses in Ontology Ecosystem. Ontology token uses VBFT, a combination of three different models of Proof of Stake (PoS), Byzantine Fault Tolerance (BFT) and Verifiable Random Functions (VRF). The application areas of Ontology include finance, payments, insurance, consumer, internet of things, media, software development, medicine, asset titles, and government activities such as voting systems. Significant Features. Ontology brings solutions to current trust system flaws such as data fragmentation, individual's lack of role, monopolization of data management, false identity verification, transparency and security issues, weak reputation systems and insufficient community management. Ontology offers blockchain solutions presenting custom modules to businesses with issuable trust and verifiable identity systems. One of the key powers of Ontology is dealing with current real-life business issues instead of presenting a framework for future cases.

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Introduction Video

3 Reason WHY I like Ontology!!! [Cryptocurrency Altcoin Review/ONT Deep Dive] | Altcoin Daily

Hey Altcoin Daily Team, Today I wanted to give you 3 reasons WHY I like Ontology (ONT)! I think this cryptocurrency has a big future and I wanna share with you ...

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Screenshot from Website

ont.io
ONT Websitemore_vert

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Website Informationclose

Organization:
Name:
Country:
City:
Zipcode:
Address:
Mail:
Creation date: 2014-05-10
Expiration date: 2020-05-10
Nameserver: NS-249-C.GANDI.NET

attach_money Product Analysis

4.7

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Whitepaper

Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.


The whitepaper of Ontology is 36 Pages long.

The most influencial keywords are: Data, Ontology, Management, Managing, Managers, Trust, Distributed, Contents, Decentralized, and Identity.

file_downloadOpen Whitepaper
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Close Competitors

  • 1.) Aion

    Aion is the digital asset of The Open Application Network. Aion is used to secure and access The OAN. As a public infrastructure, a global community of individuals, software companies, and institutions secure and maintain the operations of The OAN. These critical functions are enabled and incentivized using Aion. The Open Application Network solves the unintended consequences of platform economies. The OAN is an open source public infrastructure for the creation and hosting of Open Apps. Open Apps are programs that put users back in control and are universally accessible across platforms. The OAN is built on open standards and is owned by everyone that uses it.

  • 2.) aelf

    Aelf is a customizable operating system (OS) specifically for blockchains. The team is aiming for it to be the “Linux system” of the blockchain community.

  • 3.) Nebulas

    Nebulas is a decentralized platform which provides a search framework for all blockchains. Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem.

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Product analysis

The exact founding date of Ontology is unfortunately not that clear. Its source code was released publicly on github on April 2018 under the Other license.
Organization wise, Ontologys Development is Semi-centralized and is being developed under the lead of Xianping Mao.

The consensus on which the Ontology network is run is called VBFT, while the underlying algorithm is called SHA256.
In the current state of Ontology currently is Working product

group Community Analysis

4.5

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Communities & Events

Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform. Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems. Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.

view_list r/OntologyNetwork Subreddit
person 16,293 Subscribers
directions_run 168 Active Users
create 1 Daily Posts
speaker_notes 5 Daily Comments
linkOpen Subreddit

本体是新一代公有基础链项目和分布式信任协作平台。
Twitter: @OntologyNetwork
Reddit: /r/OntologyNetwork
官网: ont.io

view_list Ontology 中文 Channel
person 62,443 Members
directions_run 178 Online
linkOpen in Telegram

Official Twitter account for Ontology

view_list @OntologyNetwork Channel
person 81,486 Followers
11.22.2019
16:10
Guess who's back with the second installment of our #Blockchain101 series. 🙋‍♂️ After explaining the basics of cross-chain, 🔗 we've returned to talk about the mechanisms behind cross-chain: first up is the notary mechanism! Check it out below. ⬇️https://t.co/1NuKChPlEa 21 favorite
11.21.2019
13:29
Are you a Spanish speaker? 🇪🇸 Don't know how to stake using your #ONTO Wallet? 👝 Here's a tutorial 👩‍🏫 from our Spanish community made by @funontheride. Download ONTO Wallet at https://t.co/S8diMgg2yj and check out the video below. $ONT $ONG https://t.co/jrQ7RAxHQ1 49 favorite
11.21.2019
13:14
During #SFBW2019, Ning HU (@ninghu79) sat down with Wilson Wei, CEO of @Lino_Network, for a live 🎬 AMA session where they discussed blockchain in-depth, specifically talking about how Ontology sets ourselves apart. 🙋‍♂️ Check it out! ⬇ https://t.co/WHsvuOAcVr $ONT $ONG 24 favorite
11.20.2019
13:28
Our Monthly Report 📜 for October is up now on Binance Info! Take a look below to see everything important that happened in the world of #Ontology ⬇️ $ONT $ONG https://t.co/a8RMBxDonL 63 favorite
11.19.2019
16:08
Jesse LIU, #Ontology's Marketing Director, is back to share his thoughts 💭 on #Ontology's recent adventures in North America 🌎 and his outlook on the state of blockchain summits. Take a look and let us know what you think. ⬇️ https://t.co/2ARaixlybu 46 favorite
11.19.2019
15:42
It's time ⏰ for our latest weekly report for November 12-18! Once again, there's a lot of updates to tell you about 🗣️ so click below and check out the steps 👣 we've taken over the past 7 days! $ONT $ONG https://t.co/bSrRY8tbAg 46 favorite
11.18.2019
13:55
John would like to let you all know that he was honored to attend #CryptoUnconference and that #Ontology is ready for the Spanish market. Furthermore, we have a lot in store for our community in the near future so stay tuned. $ONT $ONG https://t.co/zqVskOYpZt 64 favorite
11.18.2019
13:43
Recently, #Ontology's BD Director Europe, John G. Izaguirre, was invited to #CryptoUnconference. As a result, we received a lot of inquiries from potential partners and our Spanish community. We want to say a big thanks to you all! Take a look below to see what went on! $ONT $ONG https://t.co/4C29PV9nSX 43 favorite
11.16.2019
15:45
We want to say a big thanks to @Microsoft for providing this platform for developers to learn more about blockchain. 🤗Stay tuned for more from @OntologyNetwork and @Microsoft about blockchain as well as other tech! @Azure @MSFTnews @MSFTResearch 👀#ReactorShanghai @MSFTReactor https://t.co/agj16V44kf 146 favorite
11.16.2019
15:14
Faced with developers from traditional industries, @ninghu79 introduced the 4 steps to develop a dApp based on Ontology. 🌟1. You need to know your project. 2. Set up the project. 3. Code the application using Smart Contract.👊4. Deploy and test.😍#ReactorShanghai @MSFTReactor https://t.co/K5bNdxzDVf 36 favorite

There are no events for Ontology in the next 3 Months

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Google Trends Analysis


The Google Trends chart displays the search interest on google in Ontology relative to its peak over the last year. A rising chart shows growing interest int he project.

code Development Analysis

2.3

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Github Analysis

Code Updates (Commits)


Every change to the codebase of Ontology is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 685 Stars
remove_red_eye 112 Watchers
usb 281 Forks
sync_problem 50 Open Issues
border_color 0.13 % Comment Coverage
lock_open Other License

attach_money Price Analysis

3.6

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Price Prediction

$ 0.809317 (-3.5%) arrow_drop_down

Predicted USD Market Price in 24h

$ 0.845366 (0.8%) arrow_drop_up

Predicted USD Market Price in 14d

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Converter ONT - USD

Convert between ONT and USD with the live Ontology prices, aggregated from all big exchanges that trade Ontology.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Team Analysis

4.8

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Team

Lead

Jun Li - Founder
Li has a rich academic background, including a Bachelor’s degree in Computer Science, Master’s in Communication Engineering, MBA, and PMP. He is a senior blockchain architect and blockchain solutions professional with 16 years’ work experience in IT and fintech. Li previously provided technical architecture, management, and planning support for top international IT firms and major Chinese financial exchanges. He has taken part in the architecture design and technical management of many major systems, and has built up multiple technical teams and systems from scratch. Li also has a profound knowledge of the finance industry, excelling at internal management and external communication.


supervisor_accountSocial Network Links

Members (54)

Xianping Mao

Dean of ontology research institute

Elmond Cong

Senior architecture expert

Ning Hu

Senior architecture expert

Wentao Yang

Co-founder

launch

Tony Duan

Ux designer

launch

Julia Yu

Marketing manager

launch

Daniel Assab

Senior overseas market specialist

launch

Jianqi Liu

Senior product manager

launch

Andy An

Senior product manager

launch

Kevin Ding

Investor

launch

Honglei Cong

Senior blockchain technology professional

Junjie Weng

Technical manager

compare_arrows Exchanges

Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Binance ONT/USDT $ 0.614328 $ 6,905,341 check
# 2 Binance ONT/BTC $ 0.608773 $ 2,237,879 check
# 3 Binance ONT/ETH $ 0.610343 $ 228,570 check
# 4 Binance ONT/BNB $ 0.607768 $ 125,582 check
# 5 Binance ONT/USDC $ 0.609540 $ 42,465 check
# 6 Binance ONT/PAX $ 0.613466 $ 25,440 check
# 7 Bittrex ONT/BTC $ 0.614627 $ 12,107 check
# 8 Bittrex ONT/USDT $ 0.608989 $ 972 check
# 9 Huobi ONT/USDT $ 0.614631 $ 5,478,831 clear
# 10 HitBTC ONT/USDT $ 0.611932 $ 4,117,991 clear

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